The Texas Permian is the story of U.S. shale and it has peaked. In October of 2019 Texas oil production topped 165 million barrels. In October 2024 it topped 180 million barrels. In August 2025 it was back to levels first hit in 2019 and the initial numbers for September 2025 were 144 million barrels.
Cripes - I understood the Permian and the Bakken to be the two biggest oil fields in the USA
I’ve yet to see one acknowledgement in the major financial press about how badly the Bakken performed compared to how it was sold. Why should this happen? Because the average American still thinks there is endless oil and gas in the U.S. shale. They are going to pay the price for the industry fraud in multiple ways. First, with higher electricity and heating prices as natural gas supplies become scarce. Secondly, they don’t realize how the current administration’s attempts to block renewable energy and electric vehicles in America is based on the lie that there is plenty of cheap oil and gas to use instead.
Oh, wow - even I thought there was plentiful oil and gas in the US shale. This is suggesting other wise?
Seit dem Pariser Abkommen finanzierten die 60 größten Banken 425 fossile Großprojekte - sogenannte carbon bombs mit einem zu erwartenden CO2-Ausstoß von jeweils über einer Gigatonne - mit insgesamt 1,8 Billionen Dollar. Der Standard-Artikel geht auf ein Projekt zurück, bei dem Daten des Carbon Bombs-Projekts, des Global Energy Monitor und von Banking on Climate Chaos ausgewertet und visualisiert werden. https://www.derstandard.at/story/3000000193065/billionenkredite-fuer-fossile-grossprojekte-wie-banken-die-klimakrise-mitfinanzieren
Bericht/Visualisierung: https://www.carbonbombs.org/